Samsung plans to invest 7 trillion won in OLED business in 2012

    Recently, South Korea's Samsung Group announced that it will invest 47.8 trillion won (about 41.6 billion US dollars) in 2012, but did not disclose the proportion of investment in its various businesses, but the industry believes that Samsung will expand investment in mobile phones and OLED flat-panel displays and other new businesses to consolidate Its leading position in the field of mobile communication chips and display panels.

    Among them, 31 trillion won was put into equipment, 11% more than in 2011, 13.6 trillion won in research and development, an annual increase of 13%, and the remaining 3.2 trillion won will be used as capital investment, an increase of 10% over last year.

    At the same time, about 80% of the above-mentioned 31 trillion won in equipment investment will be invested in Samsung Electronics and Samsung Action. The amount of investment in the system chip will increase to 7.5 trillion won in 2012. The investment in the OLED business will also be 5 from last year. The trillion won increased to 7 trillion won, while the remaining funds will be invested in liquid crystal displays, rechargeable batteries and LED displays.

    In addition, Samsung also announced that in 2012 the group will recruit 26,000 new blood, an increase of 4% over 2011. At present, the total number of employees of the group is about 350,000.

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